Corporate Housing

Corporate Travel Help: The Rental Car

Over the years of working in Corporate Housing we learn a lot of the ins and outs of the business traveler. A frequently used service of our Corporate Housing guests it the “rental car”. CHBO has worked with AutoSource to provide our members great rental car service at the best rates. Through the ReadyDrive program you can find rental cars around the world for great monthly rates while you travel. Here are some great rental car tips from AutoSource that you can use wherever you rent… Corporate Travel Help – Car Rentals: 7 Fees Rental Companies Don’t Want You...

Corporate Housing

Homeowners: Insurance Adjusters and Corporate Housing

Corporate Housing is the solution smart insurance adjusters offer you when water and other damage forces you out of your home. Welcome to summer – tis the season for water damage! Maybe it is just me, but there seems to be more that our fair share of too much water. One of my neighbors was just washing a pair of baseball pants, turned the sink water on and forgot about it for a few hours. After a month of cleaning and drying the entire family, dog and cat all need to move out for at least 2 weeks while...

Corporate Housing

Does Your Rental Property Need a Virtual Tour?

81% of U.S. tenants use Virtual Tours as a resource when they are considering a rental property. 15% tour the property in-person. Once you’ve spent an hour or less creating a virtual tour, you have essentially created a round-the-clock online Open House that buyers can conveniently experience from their home or office computer. Amazing, right? If a tenant is interested in making an appointment, he or she can immediately click on your virtual tour button and instantly make a decision on your property without contacting you for an appointment. Amazing again!  That said, a Virtual Tour isn’t a substitute...

Corporate Housing

Taxes: Deduct These Expenses From Your Rental Property

Wondering what expenses you can and can’t deduct come tax time? Many property owners wonder what expenses can legally be deducted from their income. This article will give you some general guidelines, however, you should always consult your accountant and financial advisor for specific advice. Maintenance Fees: Consider deducting any expense you incurred for cleaning, lawn maintenance, painting, carpet cleaning, pest control, and any other general maintenance fees. Also, you may be able to deduct mileage to and from your property, so it’s worth keeping track! Marketing Fees: You can deduct any expense incurred by marketing your property, from hiring a...

Corporate Housing

Should You Allow Pets in Your Rental Property?

Did you know that 43% of CHBO property owners allow pets in their rental properties?  We are constantly asked whether a corporate rental should allow pets. On one had, your property is furnished, so there are things that can easily be damaged by a pet. On the other hand, you want to maximize the number of renters you attract, after all, this is an investment and you don’t want to alienate potential good tenants.   Did you know that 43% of property owners accept some kind of pet in their properties, according to the CHBO Annual Report? While pets can...

Corporate Housing

Lowering Your Homeowner’s Insurance Bill

Homeowner’s insurance isn’t important until you need it. Read below to learn how to properly insure your rental property and protect yourself and your investment. Homeowner’s insurance can be complicated, but with the right information you can get exactly the coverage you need. The following tips should help you get started: Know what your master policy covers. Know exactly what your monthly dues are paying for and what you are responsible for on your own. Check your policy for coverage on water damage. Make sure you’re well covered for this because water damage happens more often than you think. Furthermore,...

Corporate Housing

Rentals: The 411 on Security Deposits

Security deposits are one of the most important tools you have to protect your rental property.  Maybe you don’t need them?  What is ARDI and LOR? CHBO Annual Report found 92.4% of “by owner” landlords regularly collect some kind of security deposit. Let’s discuss some of your common security deposit questions below… Do you HAVE to require a security deposit? No, you don’t. But if you choose not to collect a cash security deposit, instead consider offering Accidental Rental Damage Insurance (ARDI) – it’s a great alternative to the security deposit and offers the same protection. ARDI is insurance that covers accidental...

Corporate Housing

Rental Success: Keep Learning to become successful

CHBO is working to connect you with both the tenants and knowledge to make you a successful landlord! The key to Rental Success is to Keep Learning Corporate Housing by Owner (CHBO) was designed not just as a marketing website but also as a resource and educational toolbox to provide you with the knowledge and tools you need for rental success and to become a profitable landlord. Successful CHBO property owners utilize CHBO to learn more about Corporate Housing and how to manage their properties. Some of our favorite rental success tools are: CHBO Videos “by Owner” Corporate Housing Annual Report...

Corporate Housing

Rental Tools from CHBO

Welcome to CHBO. Let us find you a renter and rental success! You are now joining the thousands of smart and successful corporate housing providers who use CHBO every day to find the best tenants for their properties. CHBO works to be your resource for rental tips, trends and tenants and in the weeks and months ahead, we will be sending you a few emails on specific topics to make you a more profitable landlord. CHBO was designed not just as a marketing website but also as a resource and educational toolbox to provide you with the knowledge and...

Corporate Housing

Corporate Rentals: Death of the Virtual Tour

Photos – Photos – Photos When it comes to real estate – for sale or corporate rentals – it really is all about great photos – so don’t get me wrong we are still staying YES it is all about the photos – but the old days of fancy and expensive virtual tours is gone. YouTube: To start with you can keep it simple. Use the video on your smart phone and walk through your corporate rental property entering at the door and walking potential tenants through the property. EXTRA: This video with also help for insurance claims and...